debt
confidence high
sentiment neutral
materiality 0.50
Gold.com cuts credit line to $250M from $427.5M, converts it to uncommitted demand facility
Gold.com, Inc.
- Second Amended and Restated Credit Facility Agreement dated September 29, 2026 with CIBC Bank USA as administrative agent for the lenders.
- Facility reduced from $427,500,000 to $250,000,000 and converted into an uncommitted revolving line of credit payable on demand.
- Existing Amended and Restated Credit Agreement dated August 21, 2025, as amended February 13, 2026, is amended and restated in its entirety.
- Removes caps on special and recurring dividends, share repurchases, acquisitions and investments, precious metal repurchase arrangements and secured metals leases, subject to conditions.
- Increases inventory location and inventory in-transit limitations and certain major counterparty limits.